3921.31
Notice and correction of deficiency of society.

If the superintendent of insurance finds,
upon investigation, that a foreign or alien fraternal benefit society
transacting or applying to transact business in this state has exceeded its
powers, has failed to comply with any provision of this chapter, is not
fulfilling its contracts in good faith, or is conducting its business
fraudulently or in a manner hazardous to its members or creditors or the
public, the superintendent shall issue a written notice to the society that
sets forth the deficiency and the reasons for the superintendent's
dissatisfaction, and that requires the society to correct the deficiency within
thirty days after receipt of the notice. If the society fails to correct the
deficiency within that thirty-day period, the superintendent shall
commence an action against the society under section
3903.71 of the Revised
Code.